MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 77,150 shares changed hands during trading, a decline of 25% from the previous session’s volume of 103,094 shares.The stock last traded at $11.89 and had previously closed at $12.45.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The company has a market capitalization of $8.92 billion, a PE ratio of 34.87 and a beta of -4.76. The company’s 50-day moving average is $15.15 and its 200 day moving average is $18.95.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks -3x the daily price movements of an equal-weighted index of US-listed technology companies. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.
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